Cafeyn Group: The latest figures, news and market research on Cafeyn Group

Turnover: million EUR ()

Country: France

Cafeyn is a digital press application. All the major newspapers and magazines are available in a single application.

Cafeyn acquires Readly France in the digital kiosk sector 19/06/2024

Acquisition of Toutabo-epresse by Cafeyn: 4.5 million euros.
Acquisition objective: To gain access to ePresse publishers and strengthen Cafeyn's position as France's leading news streaming provider.
Cafeyn catalog after acquisition: Over 2,000 newspapers and magazines.
Toutabo-epresse customer base: Around 50,000 customers.
Number of Cafeyn users: Over 2 million users in total (without distinction between free and paid).
Competition: Vivendi with the launch of PassPresse by Prisma and Canal+.
Cafeyn project n: Acquire all non-Scandinavian activities of Readly.
Status of Bonnier News' takeover bid for Readly: Bonnier News holds around 80% but requires 90% to delist Readly.
Post-acquisition objective for Readly: To split the Scandinavian activities from the rest (UK, Italy, etc.) and integrate them into Cafeyn.
Readly revenues: Around 60 million euros (Cafeyn is of comparable size).

Cafeyn organizes itself to pursue its founder's disappearing strategy 20/12/2023

Cafeyn is a news streaming platform that aggregates nearly 3,000 international media and integrates an average of one each week
Cafeyn has around 2.5 million users in all its markets.
Death of its chairman and founder, Ari Assuied
The group has grown from around 30 employees to around 200 today.
Project to consolidate the digital kiosk market and internationalize Cafeyn
Ongoing acquisition of competitor Readly in non-Scandinavian markets, including France.
Bonnier is to acquire 90% of Readly 's capital in order to delist it and enable the sale of its non-Scandinavian activities to Cafeyn (it already owns over 75%).
This acquisition will make Cafeyn the leading news distribution platform in Europe
Cafeyn, the news streaming platform, is already present in several countries, including the UK and Canada - both of which are experiencing strong growth -, the USA, Ireland, Italy, Belgium, the Netherlands - where Cafeyn acquired rival Blendle in 2020 - and Luxembourg.
In France, the arrival of a new competitor, PassPresse, launched by Prisma Media, and the end of the distribution partnership with Canal+ (a subsidiary of Vivendi, like Prisma Media).

Cafeyn founder dies 10/10/2023

Cafeyn has 200 employees.
Ari Assuied, Cafeyn's founder and CEO, died aged 45 in Israel.
LeKiosk, co-founded by Ari Assuied in 2006, became Cafeyn in 2019.
Cafeyn is the French market leader in digital press kiosks.
Cafeyn has 3 million active users. Cafeyn is in the process of acquiring the activities of its main rival, Readly, in all non-Scandinavian markets (including France).
Together, Cafeyn and Readly offer over 7,000 publications worldwide.
Prisma Media recently launched a rival service called PassPresse.
Canal+ users have lost access to Cafeyn.

The cards are being reshuffled in the digital kiosk market 15/09/2023

France's Cafeyn and Sweden's Readly are the main players in the French digital newsstand market
Prisma Media enters the market with its PassPresse service, priced at 9.99 euros per month. Around 75% of revenues are paid back to publishers.
Cafeyn, launched in 2006, is distributed by telecom operators such as Bouygues Telecom, SFR and Free, and offers around 2,500 national, regional and magazine daily press titles for 10.99 euros a month.
The company claims 3 million active users.
Readly, which belongs to Swedish media conglomerate Bonnier news, defines itself as "Europe's leading online magazine publisher", offers 7,500 titles and has over 450,000 subscribers.
It expects to generate sales of around 50 million euros by 2022.
In December 2022, Cafeyn signed a partnership agreement with Bonnier News, under which Cafeyn will take over Readly's non-Scandinavian activities, which account for three quarters of the Swedish group's business.
The French market is Readly's fourth.
The company offers 642 French magazines and 96 newspapers.

DUNS: 888788726

Address: 2 RUE DU GAL ALAIN DE BOISSIEU , 75015 PARIS 15

Financial Data:

Year	Turnover (€)	Net Profit (€)	Fiscal Year End	Fiscal Year Duration
2018	472 467 242 EUR	288 685 695 EUR	31/12/2018	12
2017	499 671 043 EUR	305 800 225 EUR	31/12/2017	12

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